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·         Sumitra Mahajan is an Indian politician and the incumbent Speaker of the Lok Sabha. She belongs to Bharatiya Janata Party. In 2014, she won the Lok Sabha elections for the eighth time, one of three members of the 16th Lok Sabha to do so, and the longest-serving woman member. She has been representing the Indore constituency of Madhya Pradesh since 1989. She is the eldest woman member of parliament who won the lok sabha election for the eighth time. 
·         Madhya Pradesh (MP) literally  is a state in central India. Its capital is Bhopal, and the largest city is Indore. Nicknamed the "heart of India" due to its geographical location in India, Madhya Pradesh is the second largest state in the country by area. With over 75 million inhabitants, it is the sixth largest state in India by population, where as first is UP.
·         Uttar Pradesh (UP), is a state located in northern India. It was created on 1 April 1937 as the United Provinces, and was renamed Uttar Pradesh in 1950. Lucknow is the administrative capital ofUttarPradesh. Ghaziabad, Kanpur, Moradabad, Aligarh, Agra, Bareilly, and Varanasi are known for their industrial importance in the state as well as in India. On 9 November 2000, a new state, Uttarakhand, was carved out from the mountainous Himalayan region of Uttar Pradesh
·         Uttarakhand  formerly Uttaranchal, is a state in the northern part of India. It is often referred to as the "Land of the gods" due to the many Hindu temples and pilgrimage centres found throughout the state. Uttarakhand is known for its natural beauty of the Himalayas, the Bhabhar and the Terai. On 9 November 2000, this 27th state of the Republic of India was created from the Himalayan and adjoining northwestern districts of Uttar Pradesh.
·         The Himalayas, or Himalaya, , hima (snow), Sanskrit word literally meaning, "abode of the snow  is a mountain range in South Asia separating the plains of the Indian subcontinent from the Tibetan Plateau.The Himalayan range is home to the planet's highest peaks, including the highest, Mount Everest.
·         Mount Everest, also known in Nepal as Sagarmāthā and in Tibet as Chomolungma, is the Earth's highest mountain. It is located in the Mahalangur section of theHimalayas. Its peak is 8,848 metres (29,029 ft) above sea level and is the 5th furthest point from the center of the Earth.
·         Nepal  officially the Federal Democratic Republic of Nepal, is a landlocked sovereign nation located in South Asia. Nepal is the world's 93rd largest country by land mass[10]and the 41st most populous country.. Specifically, the Indian states of Uttarakhand, Uttar Pradesh, Bihar, West Bengal, and Sikkim border Nepal, Kathmandu is the nation's capital and largest metropolis
·         Hinduism is practiced by about 81.3% of Nepalis, making it the country with the highest percentage of Hindus. Hinduism is the dominant religion[  of the Indian subcontinent, and consists of many diverse traditions. It includes Shaivism, Vaishnavism and Shaktism among numerous other traditions, Hinduism has been called the "oldest religion" in the world
·         Shaivism or Saivism is one of the four most widely followed sects of Hinduism, which reveres the god Shiva as the Supreme Being. Followers of Shaivam are called "Shaivas". They believe that Shiva is All and in all, the creator, preserver, destroyer, revealer and concealer of all that is. Shaivism is widespread throughout India, Nepal and Sri Lanka. Areas notable for the practice of Shaivism include parts of Southeast Asia, especially Malaysia, Singapore, and Indonesia.
·         Vaishnavism (Vaisnava dharma) is one of the major branches of Hinduism along with Shaivism, Smartism, and Shaktism. It is focused on the veneration of Vishnu. Vaishnavites, or the followers of the Vishnu, lead a way of life promoting differentiated monotheism, which gives importance to Vishnu and his ten incarnations.Its beliefs and practices, especially the concepts of Bhakti and Bhakti Yoga, are based largely on the Upanishads, and associated with the Vedas and Puranic texts such as the Bhagavad Gita, and the Padma Purana, Vishnu Purana and Bhagavata Purana.
·         The Bhagavad Gita literally meaning The Song of the Bhagavan, often referred to as simply the Gita, is a 700-verse Hindu scripture that is part of the Hindu epic Mahabharata.The Gita is set in a narrative framework of a dialogue between Pandava prince Arjuna and his guide and charioteer the god-king Krishna. Facing the duty to kill his relatives, Arjuna is counselled by Krishna to "fulfill his Kshatriya (warrior) duty as a warrior and kill.
·         The Mahabharata is one of the two major Sanskrit epics of ancient India, the other being the Ramayana. Besides its epic narrative of the Kurukshetra War and the fates of the Kaurava and the Pandava princes, the Mahabharata contains philosophical and devotional material, such as a discussion of the four "goals of life" ,Traditionally, the authorship of the Mahabharata is attributed to Vyasa
·         The Ramayanam (Sanskrit: Rāmāyaam, ) is one of the great Hindu epics. It is ascribed to the Hindu sage Valmiki and forms an important part of the Hindu literature considered to be itihāasa.  TheRamayana is one of the two great epics of Hinduism, the other being theMahabharata. It depicts the duties of relationships, portraying ideal characters like the ideal father, the ideal servant, the ideal brother, the ideal wife, and the ideal king. 
·         Sanskrit  is the primary liturgical language of Hinduism, a philosophical language in Hinduism, Buddhism, and Jainism, and a scholarly literary language that was in use as a lingua franca in the Indian cultural zone. Today it is listed as one of the 22 scheduled languages of India, and is an official language of the state of Uttarakhand.
·         The Eighth Schedule to the Indian Constitution contains a list of 22 scheduled languages. At the time the constitution was enacted, inclusion in this list meant that the language was entitled to representation on theOfficial Languages Commission,  and that the language would be one of the bases that would be drawn upon to enrich Hindi, the official language of the Union Via the 92nd Constitutional amendment 2003, 4 new languages – Bodo, Maithili, Dogri, and Santali – were added to the 8th Schedule of the Indian Constitution.
·         The Constitution of India is the supreme law of India. It lays down the framework defining fundamental political principles, establishes the structure, procedures, powers, and duties of government institutions, and sets out fundamental rights, directive principles, and the duties of citizens. It is the longest written constitution of any sovereign country in the world, containing 448 articles in 25parts, 12 schedules, 5 appendices and 98 amendments (out of 120 Constitution Amendment Bills). Besides the English version, there is an official Hindi translation. Dr. Bhimrao Ramji Ambedkar is widely regarded as the father of the Indian Constitution.
·         Bhimrao Ramji Ambedkar (14 April 1891 – 6 December 1956), popularly known as Babasaheb, was an Indian jurist, politician and social reformer who inspired the Modern Buddhist Movement and campaigned against social discrimination in India, striving for equal social rights for Dalits, women and labour. He was independent India's first law minister and the principal architect of the Constitution of India.In 1956 he converted to Buddhism, initiating mass conversions of Dalits.In 1990, Ambedkar was posthumously conferred with the Bharat Ratna, India's highest civilian award.
·         Buddhism is a nontheistic religion that encompasses a variety of traditions, beliefs and practices largely based on teachings attributed to Siddhartha Gautama, who is commonly known as the Buddha, meaning "the awakened one", Two major branches of Buddhism are generally recognized: Theravada ("The School of the Elders") and Mahayana ("The Great Vehicle"). Gautama was born in Lumbini in modern-day Nepal, around the year 563 BCE, and raised in Kapilavastu.
·         Gautama Buddha, also known as Siddhārtha Gautama, Shakyamuni or simply the Buddha, was a sage on whose teachings Buddhism was founded.Born in the Shakya republic in the Himalayan foothills, he is believed to have lived and taught mostly in eastern India sometime between the sixth and fourth centuries BCE.  The word Buddha means "awakened one" or "the enlightened one." "Buddha" is also used as a title for the first awakened being in an era. Scholars are hesitant to make unqualified claims about the historical facts of the Buddha's life. Most accept that he lived, taught and founded a monastic order during theMahajanapada era in India during the reign of Bimbisara, the ruler of Magadha empire, and died during the early years of the reign of Ajatshatru, who was the successor of Bimbisara, thus making him a contemporary of Mahavira, the Jain teacher;[16] however most scholars do not consistently accept all of the details contained in traditional biographies
·         Mahavira (540 BCE–468 BCE), also known as Vardhamana, was the twenty-fourth and last tirthankara of Jainism. He was born into a royal family in what is now Bihar,India. At the time of his birth, the whole town was marked by prosperity in terms of agriculture, health, wealth and wisdom. It is for this reason that he was named as Vardhman by his parents. At the age of 30 he left his home in pursuit of spiritual awakening (Diksha). For the next 12 and a half years he practiced intense meditation and severe penance, after which he achieved Kevala Jnana or enlightenment. He travelled all over India for the next 30 years to teach his philosophy which is based on ahimsa, satya, asteya, brahmacharya and aparigraha. Mahavira attained nirvana after his physical death at the age of 72. He was one of the most popular propagators of Jainism, and he is regarded as a reformer of Jainism rather than its founder.
·         Jainism  traditionally known as  is a nontheistic Indian religion that prescribes a path of ahimsa -nonviolence - towards all living beings, and emphasizes spiritual independence and equality between all forms of life. Practitioners believe that nonviolence and self-control are the means by which they can obtain liberation. Currently Jainism is divided into two major sects, Śvētāmbara and Digambara. Jainism is one of the oldest religions in the world. Jains traditionally trace their history through a succession of twenty-four propagators of their faith known astirthankaras with Rishabha as the first and Mahāvīra as the last of the current era.
·         Nonviolence is the personal practice of being harmless to self and others under every condition. It comes from the belief that hurting people, animals or the environment is unnecessary to achieve an outcome and refers to a general philosophy of abstention from violence based on moral, religious or spiritual principles.Here certain movements particularly influenced by a philosophy of nonviolence should be mentioned, including Mahatma Gandhi leading a successful decades-long nonviolent struggle against British rule in India, 
·         Mohandas Karamchand Gandhi (pronounced 2 October 1869 – 30 January 1948) was the preeminent leader of Indian nationalism in British-ruled India. Employing nonviolent civil disobedience, Gandhi led India to independence and inspired movements for civil rights and freedom across the world. The honorific Mahatma  applied to him first in 1914 in South Africa—is now used worldwide. He is also called Bapu in India. Born and raised in a Hindu merchant caste family in coastal Gujarat, western India, and trained in law at the Inner Temple, London, Gandhi first employed nonviolent civil disobedience as an expatriate lawyer in South Africa, in the resident Indian community's struggle for civil rights. After his return to India in 1915, he set about organising peasants, farmers, and urban labourers to protest against excessive land-tax and discrimination. Assuming leadership of the Indian National Congress in 1921, Gandhi led nationwide campaigns for easing poverty, expanding women's rights, building religious and ethnic amity, ending untouchability, but above all for achieving Swaraj or self-rule.
 Gandhi famously led Indians in challenging the British-imposed salt tax with the 400 km (250 mi) Dandi Salt March in 1930, and later in calling for the British to Quit India in 1942. He was imprisoned for many years, upon many occasions, in both South Africa and India. Gandhi attempted to practise nonviolence and truth in all situations, and advocated that others do the same. He lived modestly in a self-sufficient residential community and wore the traditional Indian dhoti and shawl, woven with yarn hand spun on a charkha. He ate simple vegetarian food, and also undertook long fasts as the means to both self-purification and social protest.
Gandhi's vision of a free India based on religious pluralism, however, was challenged in the early 1940s by a new Muslim nationalism which was demanding a separate Muslim homeland carved out of India. Eventually, in August 1947, Britain granted independence, but the British Indian Empire  was partitioned into two dominions, a Hindu-majority India and Muslim Pakistan. As many displaced Hindus, Muslims, and Sikhs made their way to their new lands, religious violence broke out, especially in the Punjab and Bengal. Eschewing the official celebration of independence in Delhi, Gandhi visited the affected areas, attempting to provide solace. In the months following, he undertook several fasts unto death to promote religious harmony. The last of these, undertaken on 12 January 1948 at age 78,] also had the indirect goal of pressuring India to pay out some cash assets owed to Pakistan.] Some Indians thought Gandhi was too accommodating. Among them was Nathuram Godse, a Hindu nationalist, who assassinated Gandhi on 30 January 1948 by firing three bullets into his chest at point-blank range.
·         The Indian National Congress  INC, also commonly called the Congress is one of the two major contemporary political parties in India, the other being the Bharatiya Janata Party. It is one of the largest and oldest democratically-operating political parties in the world. Founded by freedom fighter activists in 1885, it dominated politics nationally for most of the period from 1947–89. There have been seven Congress Prime Ministers, the first being Jawaharlal Nehru, serving from 1947–64 and the most recent being Manmohan Singh, serving from 2004-14. The party's social liberal platform is largely considered to be on the centre-left of theIndian political spectrum.
The INC was primarily founded by a prominent member of the Theosophical Society, Allan Octavian Hume in 1885, along with Dadabhai Naoroji and Dinshaw Wacha. In the following decades, the Indian National Congress became a pivotal participant in the Indian Independence Movement, with over 15 million members and over 70 million participants in its struggle against British colonial rule in India. After independence in 1947, it became the nation's dominant political party; in the 15 general elections since independence, the Congress has won an outright majority on six occasions, and has led the ruling coalition a further four times, heading the central government for a total of 49 years.
In the most recentgeneral elections in 2014, the Congress registered its worst performance in a general election in independent India, winning only 44 seats of the 543-member house
·         India has a multi-party system with predominance of small regional parties. Political parties that wish to contest local, state or national elections are required to be registered by the Election Commission of India (ECI). Registration with ECI does not ensure recognition as a party. A recognized party has more privileges than a registered unrecognized party. In order to gain recognition in a state, the party must have had political activity for at least five continuous years, and send at least 4% of the state's quota to the Lok Sabha (India's Lower house), or 3.33% of members to the Legislative Assembly of that state. These conditions are deemed to have failed if a member of the Lok Sabha or the Legislative Assembly of the State becomes a member of that political party after his election. If a party is recognised in four or more states, it is declared as a "National party" by the EC. Otherwise, it is known as a "State Party".
All parties contesting the elections have to choose a symbol from a list of available symbols offered by the EC. All 29 states of the country along with the union territories of Puducherry and the National Capital Territory of Delhi have an elected government unless President's rule is imposed under certain conditions
·         The Indian general election of 2014 was held to constitute the 16th Lok Sabha, electing members of parliament for all 543parliamentary constituencies of India. Running in nine phases from 7 April to 12 May 2014, this was the longest election in the country's history. 
 The results were declared on 16 May, fifteen days before the 15th Lok Sabha completes its constitutional mandate on 31 May 2014..  The National Democratic Alliance, led by the Bharatiya Janata Party, won a sweeping victory, taking 336 seats. The BJP itself won 31.0% of all votes and 282 (51.9%) of all seats. It is the first time since the 1984 Indian general elections that a party has won enough seats to govern without the support of other parties. TheUnited Progressive Alliance, led by the Indian National Congress, won 58 seats, 44 (8.1%) of which were won by the Congress, that won 19.3% of all votes. It was the Congress party's worst defeat in a general election. BJP and its allies won the right to form the largest majority government since the 1984 general election.
·         The Election Commission of India is an autonomous, constitutionally established federal authority responsible for administering all the electoral processes in the Republic of India. Under the supervision of the commission, free and fair elections have been held in India at regular intervals as per the principles enshrined in the Constitution. The Election Commission has the power of superintendence, direction and control of all elections to the Parliament of India and the state legislatures and of elections to the office of the President of India and the Vice-President of India.
The power of superintendence, direction and control of all elections to the Local Government/Municipal Corporation by the State Election Commission.
The Chief Election Commissioner can be removed from his office by Parliament with two-thirds majority in Lok Sabha and Rajya Sabha on the grounds of proven misbehaviour or incapacity. Other Election Commissioners can be removed by the President on the recommendation of the Chief Election Commissioner. The Chief Election Commissioner and the two Election Commissioners draw salaries and allowances at par with those of the Judges of the Supreme Court of India as per the Chief Election Commissioner and other Election Commissioners (Conditions of Service) Rules, 1992. The current CEC is V. S. Sampath.
·         The Parliament of India is the supreme legislative body in India. The Parliament comprises the President of India and the two Houses—Lok Sabha (House of the People) and Rajya Sabha (Council of States). The President has the power to summon and prorogue either House of Parliament or to dissolve Lok Sabha. India's government is bicameral; Rajya Sabha is the upper house and Lok Sabha is the lower house. The two Houses meet in separate chambers in New Delhi. Those elected or nominated (by the President) to either house of Parliament are referred to as members of parliament or MPs. The MPs of Lok Sabha are directly elected by the Indian public and the MPs of Rajya Sabha are elected by the members of the State Legislative Assemblies, in accordance with proportional representation. The Parliament is composed of 790 MPs, who serve the largest democratic electorate in the world; 814.5 million Indians registered to vote in the 2014 general elections
·         The President of India is the head of state of the Republic of India. The President is the formal head of the executive, legislature and judiciary of India and is thecommander-in-chief of the Indian Armed Forces.
The President is indirectly elected by the people through elected members of the Parliament of India (Lok Sabha and Rajya Sabha) as well as of the Legislative Assemblies in States of India (Vidhan Sabha) and serves for a term of five years. Historically, ruling party (majority in the Lok Sabha) nominees (for example, United Progressive Alliance nominee Pranab Mukherjee) have been elected or largely elected unanimously. Incumbent presidents are permitted to stand for re-election. A formula is used to allocate votes so there is a balance between the population of each state and the number of votes assembly members from a state can cast, and to give an equal balance between State Assembly members and the members of the Parliament of India. If no candidate receives a majority of votes, then there is a system by which losing candidates are eliminated from the contest and their votes are transferred to other candidates, until one gains a majority.
Although Article 53 of the Constitution of India states that the President can exercise his or her powers directly or by subordinate authority, with few exceptions, all of the executive authority vested in the President are, in practice, exercised by the popularly elected Government of India, headed by the Prime Minister. This Executive power is exercised by the Prime Minister with the help of the Council of Ministers.
The President of India resides in an estate in New Delhi known as the Rashtrapati Bhavan (which roughly translates as President's Palace). The presidential retreat isThe Retreat in Chharabra, Shimla and Rashtrapati Nilayam (President's Place) in Hyderabad.
The 13th and current President is Pranab Mukherjee, who was elected on 22 July 2012, and sworn-in on 25 July 2012. He is also the first Bengali to be elected as President. He took over the position from Pratibha Patil, who was the first woman to serve in the office
·         The Rajya Sabha  is the upper house of the Parliament of India. Membership is limited to 250 members, 12 of whom are nominated by the President of India for their contributions to art, literature, science, and social services. The remainder of the body is elected by the state and territorial legislatures. Members sit for six-year terms, with one third of the members retiring every two years.The Rajya Sabha meets in continuous sessions and, unlike the Lok Sabha, the lower house of Parliament, is not subject to dissolution. The Rajya Sabha has equal footing in all areas of legislation with Lok Sabha, except in the area of supply, where the Lok Sabha has overriding powers. In the case of conflicting legislation, a joint sitting of the two houses is held. However, since the Lok Sabha has twice as many members as the Rajya Sabha, the former would normally hold the greater power. Only three such joint-sessions have been held; the latest one for the passage of the 2002 Prevention of Terrorism Act.
The Vice President of India (currently, Hamid Ansari) is the ex-officio Chairman of the Rajya Sabha, who presides over its sessions. The Deputy Chairman, who is elected from amongst the RS's members, takes care of the day-to-day matters of the house in the absence of the Chairman. The Rajya Sabha held its first sitting on 13 May 1952.[5] The salary and other benefits for a member of Rajya Sabha are same as for a member of Lok Sabha
·         The Vice President of India is the second-highest constitutional office in India, after the President. Article 63 of Indian Constitution states that there shall be a Vice-President of India. The Vice President shall act as President in absent of President due to the death, resignation, impeachment, or other situations. The Vice President of India is also ex officio Chairperson of the Rajya Sabha. Article 66 of Indian Constitution states the manner of election of Vice-President.The Vice-President is elected indirectly by members of an electoral college consisting of the members of both Houses of Parliament in accordance with the system of Proportional Representation by means of the Single transferable vote and the voting is by secret ballot.[3]The Vice President of India is Mohammad Hamid Ansari, since 11 August 2007, and re-elected on 7 August 2012 .
·         The single transferable vote (STV) is a voting system designed to achieve proportional representation through ranked voting in multi-seat constituencies (voting districts). Under STV, an elector has a single vote that is initially allocated to their most preferred candidate and, as the count proceeds and candidates are either elected or eliminated, is transferred to other candidates according to the voter's stated preferences, in proportion to any surplus or discarded votes. The exact method of reapportioning votes can vary (see Counting methods) in INDIA
·         In India officially the Republic of India  is a country in South Asia. It is the seventh-largest country by area, the second-most populous country with over 1.2 billion people, and the most populous democracy in the world. Bounded by the Indian Ocean on the south, the Arabian Sea on the south-west, and the Bay of Bengal on the south-east, it shares land borders with Pakistan to the west; China, Nepal, and Bhutan to the north-east; and Burma andBangladesh to the east. In the Indian Ocean, India is in the vicinity of Sri Lanka and the Maldives; in addition, India's Andaman and Nicobar Islands share a maritime border with Thailand and Indonesia.Home to the ancient Indus Valley Civilisation and a region of historic trade routes and vast empires, the Indian subcontinent was identified with its commercial and cultural wealth for much of its long history. Four world religions—Hinduism, Buddhism, Jainism, and Sikhism—originated here, whereas Judaism, Zoroastrianism, Christianity, and Islam arrived in the 1st millennium CE and also helped shape the region's diverse culture. Gradually annexed by and brought under the administration of the British East India Company from the early 18th century and administered directly by the United Kingdom from the mid-19th century, India became an independent nation in 1947 after a struggle for independence that was marked by non-violent resistance led by Mahatma Gandhi.The Indian economy is the world's tenth-largest by nominal GDP and third-largest by purchasing power parity (PPP). Following market-based economic reforms in 1991, India became one of the fastest-growing major economies; it is considered a newly industrialised country. However, it continues to face the challenges of poverty,corruption, malnutrition, inadequate public healthcare, and terrorism. A nuclear weapons state and a regional power, it has the third-largest standing army in the world and ranks ninth in military expenditure among nations. India is a federal constitutional republic governed under a parliamentary system consisting of 29 states and 7 union territories. India is a pluralistic, multilingual, and a multi-ethnic society. It is also home to a diversity of wildlife in a variety of protected habitats
·         Democracy is a form of government in which all eligible citizens are meant to participate equally – either directly or, through elected representatives, indirectly – in the proposal, development and establishment of the laws by which their society is run. The term originates from the Greek  "rule of the people",[1] which was found from (dêmos) "people" and (kratos) "power" or "rule" in the 5th century BC to denote the political systems then existing in Greek city-states, notablyAthens; the term is an antonym to rule of an elite". While theoretically these definitions are in opposition,
·         The Government of India (GoI), officially known as the Union Government and also known as the Central Government, was established by the Constitution of India, and is the governing authority of the union of 29 states and seven union territories, collectively called the Republic of India. It is based in New Delhi, the capital of India.
The basic civil and criminal laws governing the citizens of India are set down in major parliamentary legislation, such as the Civil Procedure Code, the Indian Penal Code, and the Criminal Procedure Code. The union and individual state governments all each consist of executive, legislative and judicial branches. The legal system as applicable to the federal and individual state governments is based on the English Common and Statutory Law. Because the seat of government is in New Delhi, "New Delhi" is commonly used as a metonym for the Central Government.
·         New Delhi is the capital of India and seat of the executive, legislative, and judiciary branches of the Government of India. It is also the centre of theGovernment of the National Capital Territory of Delhi. New Delhi is situated within the metropolis of Delhi and is one of the eleven districts of Delhi National Capital Territory.
With a population of 22 million in 2011, Delhi metropolitan region is the world's second most populous city and the largest city in India and also one of the largest in the world in terms of area. After  Mumbai  it is also the wealthiest city in India, and has the 2nd highest GDP of any city in South, West or Central Asia.
·         Mumbai  (also known as Bombay) is the capital city of the Indian state of Maharashtra. It is the most populous city in India, second most populousmetropolitan area in India, and the fourth most populous city in the world, Mumbai lies on the west coast of India and has a deep natural harbour. In 2009, Mumbai was named an alpha world city.  It is also the wealthiest city in India, and has the highest GDP of any city in South, West or Central Asia. Upon India's independence in 1947 the city was incorporated into Bombay State. In 1960, following the Samyukta Maharashtra movement, a new state of Maharashtra was created with Bombay as the capital. The city was renamed Mumbai in 1996.
Mumbai is the financial, commercial and entertainment capital of India. It is also one of the world's top ten centres of commerce in terms of global financial flow. The city houses important financial institutions such as the Reserve Bank of India, the Bombay Stock Exchange, the National Stock Exchange of India, the SEBI and the corporate headquarters of numerous Indian companies and multinational corporations. It is also home to some of India's premier scientific and nuclear institutes like BARC, NPCL, IREL, TIFR, AERB, AECI, and the Department of Atomic Energy. The city also houses India's Hindi (Bollywood) and Marathi film and television industry. Mumbai's business opportunities, as well as its potential to offer a higher standard of living, attract migrants from all over India, making the city a melting pot of many communities and cultures.
·         The 'Reserve Bank of India is India's Central Banking Institution, which controls the Monetary Policy of the Indian Rupee. on 1 April 1935 during the British Rule in accordance with the provisions of the Reserve Bank of India Act, 1934. The original share capital was divided into shares of 100 each fully paid, which were initially owned entirely by private shareholders. Following India's independence on 15 - August - 1947, the RBI was nationalised in the year of 1949.
The RBI plays an important part in the Development Strategy of the Government of India. It is a member bank of the Asian Clearing Union. The general superintendence and direction of the RBI is entrusted with the 21-member Central Board of Directors: the Governor (currently Dr. Raghuram Rajan), 4 Deputy Governors, 2 Finance Ministry representatives, 10 government-nominated directors to represent important elements from India's economy, and 4 directors to represent local boards headquartered at Mumbai, Kolkata, Chennai and New Delhi. Each of these local boards consists of 5 members who represent regional interests, as well as the interests of co-operative and indigenous banks
·         The Indian rupee  is the official currency of the Republic of India. The issuance of the currency is controlled by the Reserve Bank of India.
The modern rupee is subdivided into 100 paise though as of 2011 only 50-paise coins are legal tender. Banknotes in circulation come in denominations of INR5, INR10, INR20, INR50, INR100, INR500 and INR1000. Rupee coins are available in denominations of INR1, INR2, INR5, INR10, INR20, INR50, INR60, INR75, INR100, INR150, INR500 and INR1000; the coins for INR20 and above are for commemorative purposes only; the only other rupee coin has a nominal value of 50 paise, since lower denominations have been officially withdrawn.
The Indian rupee symbol 'INR' (officially adopted in 2010) is derived from the Devanagari consonant "" (ra) and the Latin letter "R". The first series of coins with the rupee symbol was launched on 8 July 2011.
The Reserve Bank manages currency in India and derives its role in currency management on the basis of the Reserve Bank of India Act, 1934. Recently RBI launched a website Paisa-Bolta-Hai to raise awareness of counterfeit currency among users of the INR.
·         The Indian rupee sign is the currency sign for the Indian rupee, the official currency of India. Designed by D. Udaya Kumar, it was presented to the public by the Government of India on 15 July 2010, following its selection through an “open” competition among Indian residents. Before its adoption, the most commonly used symbols for the rupee were Rs, Re or, if the text was in an Indian language, an appropriate abbreviation in that language. The new sign relates solely to the Indian rupee; other countries that use a rupee, such as Sri Lanka, Pakistan and Nepal, still use the generic   rupee sign character.
The design resembles both the Devanagari letter "" (ra) and the Latin capital letter "R", with a double horizontal line at the top.
·         Sri Lanka officially the Democratic Socialist Republic of Sri Lanka, is an island country in the northern Indian Ocean off the southeast coast of the Indian subcontinent in South Asia. Known until 1972 as Ceylon.Sri Lanka has maritime borders with India to the northwest and the Maldives to the southwest.
 Its geographic location and deep harbours made it of great strategic importance from the time of the ancient Silk Road through to World War II. Sri Lanka is a diverse country, home to many religions, ethnicities and languages. Sri Lanka has a rich Buddhist heritage, and the first known Buddhist writings of Sri Lanka, the Pāli Canon, dates back to the Fourth Buddhist Council in 29 BCE. The country's recent history has been marred by a thirty-year civil war which decisively ended when Sri Lankan military crushed Liberation Tigers of Tamil Eelam in 2009.
Sri Lanka is a republic and a unitary state governed by a presidential system. The capital, Sri Jayawardenepura Kotte, is a suburb of the largest city, Colombo. An important producer of tea, coffee, gemstones, coconuts, rubber, and the native cinnamon, Sri Lanka is known as "the Pearl of the Indian Ocean" because of its natural beauty, its shape and location, and "the nation of smiling people".[17] The island contains tropical forests and diverse landscapes with a high amount ofbiodiversity.
The country has had a long history of international engagement, as a founding member of SAARC, a member of the United Nations, the Commonwealth of Nations, theG77 and the Non-Aligned Movement. It is also the only country in South Asia that is currently rated 'high' on the Human Development Index
·         The Human Development Index (HDI) is a composite statistic of life expectancy, education, and income indices used to rank countries into four tiers of human development. It was created by a Pakistani economist Mahbub ul Haq and Indian economist Amartya Sen in 1990 and was published by the United Nations Development Programme.
·         Amartya Kumar Sen , is an Indian economist who since 1972 has taught and worked in the United Kingdom and the United States. He has made contributions to welfare economics, social choice theory, economic and social justice, economic theories of famines, and indexes of the measure of well-being of citizens of developing countries. He was awarded the Nobel Memorial Prize in Economic Sciences in 1998 for his work in welfare economics.
·         The Nobel Memorial Prize in Economic Sciences  Sveriges riksbanks pris i ekonomisk vetenskap till Alfred Nobels minne, commonly referred to as the Nobel Prize in Economics, is an award for outstanding contributions to the field of economics, generally regarded as the most prestigious award for that field. Although not one of the Nobel Prizes established by the will of Alfred Nobel in 1895, it is identified with them, and prizes are announced with and awarded at the same ceremony.
The Prize in Economics  was established in 1968 and endowed by Sweden's central bank, the Sveriges Riksbank, on the occasion of the bank's 300th anniversary.
Like the Nobel Laureates in Chemistry and Physics, Laureates in Economics are selected by the Royal Swedish Academy of Sciences, and a Prize Committee similar to theNobel Committees is used. It was first awarded in 1969 to the Dutch and Norwegian economists Jan Tinbergen and Ragnar Frisch, "for having developed and applied dynamic models for the analysis of economic processes
·         Alfred Bernhard Nobel was a Swedish chemist, engineer, innovator, and armaments manufacturer.
He was the inventor of dynamite. dynamite being the most famous. His fortune was used posthumously to institute the Nobel Prizes. The synthetic element nobelium was named after him. His name also survives in modern-day companies such as Dynamit Nobel and AkzoNobel, which are descendants of or mergers with companies Nobel himself established.
The Nobel Prize is a set of annual international awards bestowed in a number of categories by Swedish and Norwegian committees in recognition of cultural and/or scientific advances. The will of the Swedish inventor Alfred Nobel established the prizes in 1895. The prizes in Physics, Chemistry, Physiology or Medicine, Literature, and Peace were first awarded in 1901. 
The Peace Prize is awarded in Oslo, Norway, while the other prizes are awarded in Stockholm, Sweden. The Nobel Prize is widely regarded as the most prestigious award available in the fields of literature, medicine, physics, chemistry, peace, and economics.
The Royal Swedish Academy of Sciences awards the Nobel Prize in Physics, the NobelPrize in Chemistry, and the Nobel Memorial Prize in Economic Sciences; the Nobel Assembly at Karolinska Institutet awards the Nobel Prize in Physiology or Medicine; the Swedish Academy grants the Nobel Prize in Literature; and the Nobel Peace Prize is awarded not by a Swedish organisation but by the Norwegian Nobel Committee.
The various prizes are awarded yearly. Each recipient, or laureate, receives a gold medal, a diploma and a sum of money, which is decided by the Nobel Foundation. As of 2012, each prize was worth 8 million SEK.The prize is not awarded posthumously; however, if a person is awarded a prize and dies before receiving it, the prize may still be presented. Though the average number of laureates per prize increased substantially during the 20th century, a prize may not be shared among more than three people.
·         Norway  is a Scandinavian unitary constitutional monarchy whose territory comprises the western portion of the Scandinavian Peninsula,  Norway also lays claim to a section of Antarctica known as Queen Maud Land. The country shares a long eastern border with Sweden .Norway is bordered by Finland and Russia to the north-east, and the Skagerrak Strait to the south, with Denmark on the other side. Norway has an extensive coastline, facing the North Atlantic Ocean and the Barents Sea.
·         Russia officially known as the Russian Federation is a country in northern Eurasia. It is a federal semi-presidential republic. From northwest to southeast, Russia shares land borders with Norway, Finland, Estonia, Latvia, Lithuania and Poland, Belarus, Ukraine, Georgia,Azerbaijan, Kazakhstan, China, Mongolia, and North Korea. It shares maritime borders with Japan by the Sea of Okhotsk, the US state of Alaska across the Bering Strait and Canada's Arctic islands. Russia is the largest country in the world, covering more than one-eighth of the Earth's inhabited land area. Russia is also the world's ninth. Russia maintains strong and positive relations with other BRICS  countries. India is the largest customer of Russian military equipment and the two countries share extensive defense and strategic relations. In recent years, the country has strengthened bilateral ties especially with the People's Republic of China by signing the Treaty of Friendship as well as building the Trans-Siberian oil pipeline and gas pipeline from Siberia to China.
·         BRICS is the acronym for an association of five major emerging national economies: Brazil, Russia, India, China, and South Africa. The grouping was originally known as "BRIC" before the inclusion of South Africa in 2010. The BRICS members are all developing or newly industrialised countries, but they are distinguished by their large, fast-growing economies and significant influence on regional and global affairs; all five are G-20 members.
As of 2014, the five BRICS countries represent almost 3 billion people which is 40% of the world population, with a combined nominal  (20% world GDP) and an estimated US$4 trillion in combined foreign reserves. As of 2014, the BRICS nations represented 18 percent of the world economy.
Brazil held the chair of the BRICS group in 2014, having hosted the group's sixth summit in 2014. On 15 July, the first day of the BRICS 6th summit in Fortaleza, Brazil, the group of emerging economies signed the long-anticipated document to create the US$100 billion BRICS Development Bank and a reserve currency pool worth over another US$100 billion. Documents on cooperation between BRICS export credit agencies and an agreement of cooperation on innovation were also inked
·         The Group of Twenty (also known as the G-20 or G20) is a forum for the governments and central bank governors from 20 major economies. The members, , include 19 individual countries—Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Republic of Korea, Mexico, Russian Federation, Saudi Arabia, South Africa, Turkey, United Kingdom, United States—and the European Union (EU). The EU is represented by the European Commission and by the ECB.
Collectively, the G-20 economies account for around 85% of the gross world product (GWP), 80% of world trade (or if excluding EU intra-trade: 75%), and two-thirds of the world population. The G-20 heads of government or heads of state have periodically conferred at summits since their initial meeting in 2008.
The G-20 was proposed by former Canadian Prime Minister Paul Martin as a forum for cooperation and consultation on matters pertaining to the international financial system.
Russia currently holds the chair of the G-20, and hosted the eighth G-20 summit in September 2013. The next summit is in Australia in Brisbane in 2014, chaired by Tony Abbott, Prime Minister of Australia.
·         The European Union (EU) is a politico-economic union of 28 member states that are primarily located in Europe. The EU operates through a system ofsupranational independent institutions and intergovernmental negotiated decisions by the member states. The monetary union was established in 1999 and came into full force in 2002. It is currently composed of 18 member states that use the euro as their legal tender. Through the Common Foreign and Security Policy, the EU has developed a role in external relations and defence. The union maintains permanent diplomatic missionsthroughout the world and represents itself at the United Nations, the WTO, the G8, and the G-20
In 2012, the EU was awarded the Nobel Peace Prize.
  1. Austria
  2. Belgium
  3. Bulgaria
  4. Croatia
  5. Cyprus
  6. CzechRepblic
  7. Denmark
  8. Estonia
  9. Finland
  10. France
  1. Germany
  2. Greece
  3. Hungary
  4. Ireland
  5. Italy
  6. Latvia
  7. Lithuania
  8. Luxembourg
  9. Malta
  1. Netherlands
  2. Poland
  3. Portugal
  4. Romania
  5. Slovakia
  6. Slovenia
  7. Spain
  8. Sweden
  9. United Kingdom
·         The Group of Eight (G8) was the name of a forum for the governments of a group of eight leading industrialised countries that was originally formed by six leading industrialised countries and subsequently extended with two additional members. Russia, which was invited to join as the last member, was excluded from the forum by the other members on March 24, 2014, as a result of its involvement in the 2014 Crimea crisis in Ukraine. Thus the group now comprises seven nations and will continue to meet as the G7 group of nations
The forum originated with a 1975 summit hosted by France that brought together representatives of six governments: France, West Germany, Italy, Japan, theUnited Kingdom, and the United States, thus leading to the name Group of Six or G6. The summit became known as the Group of Seven or G7 the following year with the addition of Canada. The G7 is composed of the seven wealthiest developed countries on Earth by national net wealth or by GDP  and it remained active even during the period of the G8. Russia was added to the group from 1998 to 2014, which then became known as the G8.
·         Japan  is an island nation in East Asia. Located in the Pacific Ocean, it lies to the east of the Sea of Japan, China, North Korea, South Korea and Russia, stretching from the Sea of Okhotsk in the north to theEast China Sea and Taiwan in the south. The characters that make up Japan's name mean "sun-origin", which is why Japan is often referred to as the "Land of the Rising Sun".Japan is a member of the UN, the G7, the G8, the G20. A major economic great power, Japan is a developed country and has the world's third-largest economy by nominal GDP and the world's fourth-largest economy
·         The United Nations (UN) is an intergovernmental organization established on 24 October 1945 to promote international co-operation. A replacement for the ineffectiveLeague of Nations, the organization was created following the Second World War to prevent another such conflict. At its founding, the UN had 51 member states; there are now 193. The UN Headquarters is situated in Manhattan, New York City and enjoys extraterritoriality. Further main offices are situated in Geneva, Nairobi andVienna. The organization is financed by assessed and voluntary contributions from its member states. Its objectives include maintaining international peace and security, promoting human rights, fostering social and economic development, protecting the environment, and providing humanitarian aid in cases of famine, natural disaster, and armed conflict.
Organizations and specialized agencies of the United Nations
No.
Acronym
Agency
Headquarters
Head[d]
Established in
1
FAO
Italy Rome, Italy
1945
2
IAEA
Austria Vienna, Austria
1957
3
ICAO
Canada Montreal, Canada
France Raymond Benjamin
1947
4
IFAD
Italy Rome, Italy
1977
5
ILO
Switzerland Geneva, Switzerland
1946 (1919)
6
IMO
United Kingdom London, United Kingdom
1948
7
IMF
United States Washington, DC, US
1945 (1944)
8
ITU
Switzerland Geneva, Switzerland
1947 (1865)
9
UNESCO
France Paris, France
1946
10
UNIDO
Austria Vienna, Austria
1967
11
UNWTO
Spain Madrid, Spain
1974
12
UPU
Switzerland Bern, Switzerland
1947 (1874)
13
WBG
United States Washington, DC, US
1945 (1944)
14
WFP
Italy Rome, Italy
1963
15
WHO
Switzerland Geneva, Switzerland
1948
16
WIPO
Switzerland Geneva, Switzerland
1974
17
WMO
Switzerland Geneva, Switzerland
Canada David Grimes / France Michel Jarraud
1950 (1873)


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Milan Tomic

Hi. I’m Designer of Blog Magic. I’m CEO/Founder of ThemeXpose. I’m Creative Art Director, Web Designer, UI/UX Designer, Interaction Designer, Industrial Designer, Web Developer, Business Enthusiast, StartUp Enthusiast, Speaker, Writer and Photographer. Inspired to make things looks better.

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